IT Asset definition

IT Asset means any information system, software, website, system, network or hardware that is owned by the Company or used in the course of its business activities.
IT Asset means all of the computers, computer systems, applications, databases, hardware, middleware, firmware, workstations, routers, hubs, switches, circuits, servers and other information technology equipment of the Group Companies and any other computer systems, workstations, routers, hubs, switches, circuits, servers and other information technology equipment of Seller and its Subsidiaries used exclusively in the conduct of the Business. For the avoidance of doubt, each enterprise resource planning system used in the conduct of the Business shall constitute an IT Asset.
IT Asset means an asset including software, hardware, internal and external-facing network system that are found in the business environment;

Examples of IT Asset in a sentence

  • Line Item Category or Type Offered * Comments 95 IT Asset Management Services, including hardware and software asset management, software as a service management, audit management, maturity assessments, sustainability solutions, and repair and maintenance; Yes No Sourcewell Members working with CDW•G have access to all of their IT asset purchases through Rubi and the Rubi by CDW mobile app – CDW's trusted digital advisor for customers.

  • The SoAR report also captures expert advice and recommendations for whether the IT asset is safe and acceptable for Purchaser consumption and use, or can be made safe and acceptable, relative to the Purchaser’s risk tolerance.

  • Subsequently, the subscription 35 asset is amortized on a straight-line basis over the shorter of the useful life of the IT asset or subscription term.


More Definitions of IT Asset

IT Asset means computers, Software, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines, all other information technology equipment and all associated documentation.
IT Asset means all of the computer systems, workstations, routers, hubs, switches, circuits, servers, Software, networks, telecommunications systems and other information technology equipment owned or controlled by any Company Entity as of the time of the Closing.
IT Asset or “IT assets” is meant to encompass all and collectively refer to College IT resources and the electronic information stored on, within or passing through a College IT resource;
IT Asset means a device that is a computer (for example, a laptop, desktop, server, or tablet) or network
IT Asset means all elements of software and hardware found in an IT environment.
IT Asset means all of the software, computer systems, workstations, routers, hubs, switches, circuits, servers and other information technology equipment of the Group Companies and any other software, computer systems, workstations, routers, hubs, switches, circuits, servers and other information technology equipment of Seller Parent and its Subsidiaries used exclusively in the conduct of the Business or located on any Owned Real Property or Leased Real Property. “knowledge of Buyer,” “Buyer’s knowledge” or any other similar knowledge qualification in this Agreement means the actual knowledge, without any duty of inquiry, of the Persons set forth in Schedule 1.01(d). “knowledge of Seller,” “Seller’s knowledge” or any other similar knowledge qualification in this Agreement means the actual knowledge, without any duty of inquiry, of the Persons set forth in Schedule 1.01(e). “Law” means any national, state, provincial, municipal or local statute, law, bylaw, ordinance, rule, regulation, rule of law (including common law) or Governmental Order, code or edict, in each case, issued, enacted, adopted, promulgated, implemented or otherwise put into effect by or under the authority of any Governmental Authority. “Leased Real Property” means the real property leased or subleased by any Group Company as tenant or subtenant pursuant to a lease or sublease, as applicable, requiring (a) annual payments of $500,000 or more or (b) aggregate remaining payments by the Group Companies of $1,000,000 or more which are described in Schedule 3.12(a)(ii). 6
IT Asset means an asset of either software or hardware that is found in the business environment;